In response to:

Breitbart: More People on Food Stamps Than Populations of 24 States Combined

TeamAmericaWorldPolice Wrote: Nov 24, 2012 11:11 AM
"A minimum wage in this range is hardly absurd or extreme. In 2012 dollars, the American minimum wage was over $10 in 1968 during our peak of postwar prosperity and full employment.[viii] The average minimum wage in Canadian provinces is currently well over $10 per hour, the national figure for France is more than $12, and Australia has the remarkable combination of a minimum wage of nearly $16.50 together with 5 percent unemployment.[ix]"
Bob F. RVN70-71 Wrote: Nov 24, 2012 11:15 AM
You do not have a firm grasp of economics if you think a minimum wage at ANY rate is a good idea.

Please explain to me how you would arrive at the correct figure for the minimum wage. If $12 per hour is good, then why don't we make it $25 an hour? Wouldn't that be twice as good?
TeamAmericaWorldPolice Wrote: Nov 24, 2012 11:22 AM
Bob- that's what I was always told: minimum wage equals BAD.

Then I started reading.

Here is where the quotes are from:

If you think about it: the American Boom started in the 1950's. The rich executives were taxed at an extremely high rate and the blue collar workers were making very good money.

Since we are a service industry country now, there is no competition since you can't outsource your day care to India.

Read the article. It makes as much sense as all the crazy tax codes we have now.
Wehavemettheenemy Wrote: Nov 24, 2012 11:15 AM
And an extremely rigid immigration policy.
Under President Obama the participation rate in the food stamp program has skyrocketed—one in seven Americans now receives food stamps. To keep up with the demands of the burgeoning program, spending has thus “doubled from roughly $39 billion in 2008 to an estimated $85 billion in 2012,” and nearly quadrupled since 2000. According to Heritage, “Today, the food stamps program is one of the largest and the fastest growing of the roughly 80 welfare programs funded by the federal government.” With that said, brace yourself for Breitbart’s findings: “The number of individuals on food stamps now exceeds the...